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T17-4 (similar to) Joy Draperies manufactures curtains. To complete a curtain, Joy requires the following inputs: (Click the icon to view the imputs.) During the
T17-4 (similar to) Joy Draperies manufactures curtains. To complete a curtain, Joy requires the following inputs: (Click the icon to view the imputs.) During the second quarter, Joy Draperies made 1,400 curtains and used 8,900 square yards of fabric costing S46,280. Direct manufacturing labor totaled 5,500 hours for $59,950. Read the requirements. Requirement a. Compute the direct materials price and efficiency variances for the quarter. First, determine the formula and enter the amounts to calculate direct materials actual price of input. (Enter the direct materials actual price of input to two decimal places, SX.XX) Direct materials actual price of input = per square yad Data Table square yards at $5.40 per yard 4 hours at $10.60 per hour Direct materials standard Direct manufacturing labor standard: Print Done G Requirements a. Compute the direct materials price and efficiency variances for the quarter. b. Compute the direct manufacturing labor price and efficiency variances for the quarter. Print Done
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